Montessori Seeds Of Education Inc
- Assets
- $3.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 25
- Location
- Moorestown, NJ
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 47-1431742
Organization Overview
Montessori Seeds Of Education Inc is located in Moorestown, NJ. The organization was established in 2015. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2023, Montessori Seeds Of Education Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montessori Seeds Of Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Montessori Seeds Of Education Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 24.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MONTESSORI SEEDS OF EDUCATION MISSION IS TO CREATE A MINDFUL, COLLABORATIVE AND AUTHENTIC MONTESSORI EXPERIENCE FOR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING THE EDUCATION NEEDS OF CHILDREN RANGING IN AGE FROM 18 MONTHS TO 15 YEARS OLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Simberg President | OfficerTrustee | 40 | $107,500 |
Ahmed Esmail Member | Trustee | 2 | $0 |
Susan Giusto Secretary | Trustee | 10 | $0 |
Wendy Mccarty Member | Trustee | 2 | $0 |
Jen Flaherty Treasurer | Trustee | 40 | $0 |
Scott Scioli Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,861 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,086 |
| Total Program Service Revenue | $1,322,485 |
| Investment income | $1,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,339,128 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $698,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $67,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,966 |
| Fees for services: Accounting | $4,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,722 |
| Advertising and promotion | $1,363 |
| Office expenses | $25,657 |
| Information technology | $389 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $106,241 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,780 |
| Insurance | $23,552 |
| All other expenses | $130,607 |
| Total functional expenses | $1,194,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,604 |
| Savings and temporary cash investments | $513,400 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $390,882 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | -$228,424 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,425,597 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,320 |
| Total assets | $3,331,379 |
| Accounts payable and accrued expenses | $18,172 |
| Grants payable | $0 |
| Deferred revenue | -$12,728 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,726,202 |
| Unsecured mortgages and notes payable | $88,773 |
| Other liabilities | $568,431 |
| Total liabilities | $2,388,850 |
| Net assets without donor restrictions | $942,529 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,331,379 |